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20121227
20121227
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to hawaii? what? to investigate president obama's deep connections to that state. watters world is next. in watters world segment the president and his family spent christmas soaking up the sun in hawaii. the factor sent jesse watters to find out more about president obama's childhood in the hawaiian state. ♪ ♪ obama is a hawaii guy. is he vacationing here. >> i think there is pride. i like him. is he like let's get down. let's do it. like no worries. >> i don't give a [bleep] >> the obamas are vacationing at this estate. secret service occupy the homes to the left and the right. usually a typical day for the president during vacation go work out in the morning at the marine base, then golf and shave ice. the area he is staying at what's the reputation there. >> really high class. good security they have down there. >> president obama is vacationing just a few houses down. >> if you want to go in and out of the neighborhood. what does that mean for you guys? >> we have to be searched. >> none of your crazy friends can come? >> i think they can. but they are just going to have to be
obama is hawaii's next senator. brian schatz is currently the lieutenant governor. he's due to be sworn in this afternoon about three hours from now. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. with odor free aspercreme. powerful medicine relieves pain fast, with no odor.
a deal before next year, obama and democrats have the upper hand. >> they know that the polls are on their side, that a majority of americans would blame the republicans for the failure, and they know that -- they say president obama was just reelected on a mandate to raise taxes on the stockton% of income earners and the republican party is dead set against tax increases. -- on the top 2% of incoming earners. he wants to raise taxes on folks making more than a million dollars, but that was not enough for democrats and that was too much for lot of republicans. the republicans in the house are the ones who endangered the speaker's efforts to cut a compromise deal. the democrats know that they are the ones that have the upper hand in the fight and if we go into the new year, a new congress will be sworn in. democrats will have more seats in the house and the senate and they feel they will have a better chance of getting a deal on their terms in 2013. >> in the dying days of 2012 it looks like japan pose a new leader has injected a local, at least financially. he's had his first
get no more food stamps. we need obama. >> these next four years going to listen to him. what happened in the first four years? >> i don't know. i was i actually voted for mccain. >> that was four years ago. >> i know but did i. >> when obama was growing up here he said there was a lot of racial issues. how would you define the racial scene here in law. >> i'm white. i get it sometime when i'm in the line of surfing. >> you are white? >> yeah. >> african-americans were not widely populating our schools. they were mostly located in the military family. >> i had some issues with race. we have all had issues. >> he he said he experimented with pot and some times cocaine. >> the late '70s in hawaii drugs were available. >> i saw you just a second ago smoking something out of a glass pipe. >> yes. >> what was that. >> that was my cigarette pipe. >> tobacco. >> well, tobacco. >> you and i have this thing going on it's great. >> you can feel it? >> can i feel it. >> don't make any sudden moves. >> are you a factor fan? >> i do like bill o'reilly. yes, i do. >> anything you want to say to o're
in an interview between the obamas and barbara walters. that's next when "way too early" comes right back. ♪ >>> okay, enough with the real news, let's gather around the water cooler to watch barbara walters try to pull back the curtain on life at the white house. the 83-year-old journalist sat down to interview president obama and the first lady, assuming we've all heard plenty about the fiscal cliff, walters wasted little time pivoting to more intimate territory. >> when you look at this picture, what do you think? at what point was it taken? >> i think we were campaigning in iowa. >> so, why were you hugging so hard in iowa? >> because i love my wife. >> well, and also, i hadn't seen him in a while. i mean, you know, when you're campaigning, we're two ships passing in the night, and the first time i saw him was when i walked on stage to greet him, and that's my honey giving me a hug. >> giving you hugs. >> how do you keep the fire going? >> that's a good question. >> you know, we've been married now 20 years. >> mm-hmm. >> and like every marriage, i think you have your ups and you ha
. asking michelle obama if she'll run for office next. and a personal question, too. >> how do you keep the fire going? >> hmm. that's a good question. >>> made in america.
spending, $8 trillion in debt that obama's running up the next decade. republicans have several tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the idea of a debt ceiling increase, they've told oba if you want a trillion dollar in higher debt and he needs that eight times in the next decade, you have to cut spending a trillion dollars. >> here, i'll ask you again. 0 i'm a republican congressman and i signed your tax pledge to not raise taxes. if someone says here's a bill that says if you sign this we will cut taxes for 98% of americans. how could youay no? my point is, the administration is winning the war of optics. if they played it out this way, do they not win? >> well, they've won the war of optics so far because everything's been done in camera. it's been done inside closed walls. if c-span and fox and -- were able to videotape the negotiations, the kind of thing we're learning nowbout how obama said i have no interesting in cutting spending, he's been lying for two mons about his negotiationing positi
nation "and al sharpton. see u you next year. good night, everybody. >>> heading over niagra falls in a barrel. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let's start with this. president obama and his republican opponents are about to go over niagra falls in a barrel, but nobody knows for shush how bad it's going to be. will the economy smash on the rocks below? will the stock market plunge a thousand points and keep on dropping? will the world money watchers see the u.s. drowning in its own dysfunction? or will obama and the dead-end opposition it faces be saved by the public's horribly low expectations of what they can do? what will prove stronger for obama and boehner? the barrels they're riding in or the power of niagra falls itself? joining me now is politico's jonathan ryan. how about an answer on that one? what's going to protect these guys more? the low expectations people have about them getting anything done or failing to do what they set out to do. they all set the deadline. they have the -- what do you call it. the stakes are clear,
the massive spending, $8 trillion in debt obama is running up over the next decade. republicans have several schools. right now they have very little leverage onra this debate over e fiscal cliff because that stuff happens automatically, but the idea of a debt ceiling increasef they told obama more than once if you want a trillion dollars, you will need that eight times in the next decade they will have to cut spending a trillion have to cut spending a trillion eric: i'm a republican, congressman, senator tax pledge to not raise taxes. teo if somebody approaches me and says here is a bill that says if youhi sign this we will cut taxn for 98%, how can you say no to that? my point is this. the administration is winning the war of optics. if they played it this way, do they not win? >> they won the war of optics so far because everything has beene done. done inside closed walls.nd f if c-span, fox are able to videotape the negotiations, the kind of thing we're learning now about obama that i have no interest in cutting spending, just want tax increases. he has been lying about his negotiating p
me. look at the gallup reports. republicans have been going down. >> obama's 54%. right now it's a democratic advantage. >> democratic advantage right now. >> midnight monday still a democratic advantage? >> no. if you go over the cliff, everyone's in trouble. >> wednesday morning next week which is only a week away and we're into 2013 and no deal's been made, do you accept the fact that both guys are in trouble? >> i think it's a jump ball. i'm not sure what happens at that point. it depends on what the markets do. we'll say this. president obama doesn't have to worry as much as the members of congress do because he's not on the ballot again. >> but if there's a second recession, doesn't that kill his second term? >> i hear republicans and democrats and obama want to come together on middle class rates. i think they'll make a deal in early january to extend some part. >> but are you saying this doesn't really hurt? if they go sometime next friday, nine days from now, will the market go down and come up or will it plunge? >> the republicans want to cut a deal before the cliff.
's a verdict that goes out to the people who got re-elected. carely, buddy, careful, lady, you could be next. isn't there a sense that the republican party, that obama won a comfortable re-election? >> yeah but -- >> yeah but. >> that he was boehner's mistake. gee thought that was reality. >> he thought that was reality and he learned the other night that it wasn't. >> republicans don't see it in that world. what covers the sky in their world? >> it's not blue. >> fiscal red. >> it's not blue, that's for sure. when he realized he couldn't round up the votes, he had to recognize that they did not respond to the election the way that other rational factions have responded to elections over the past decades or centuries even. >> what do we make, glen, of this captain queg we have, scared of his own crew, scared of weather conditions, worried about what's going on and still has to be captain? >> i mean, the simple reality is he's the speaker of the house, but each one of those people runs in their individual district and these tea party members in particular, the group that cantor has the most c
you. >>> next, president obama won 70% of the latino vote. all right, gop, it's your move. [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. just two aleve can keep pain away all day. with a new project in mind, some how-to knowledge to give us an new years clutter is no match for someone with big ideas. edge, and more savings down every aisle. it only takes a few twists and turns for those bright ideas to make the new year even brighter. more saving. more doing. that's the power of the home depot. start fresh and save with hdx 20 gallon totes, a special buy at just $5.88 a piece. >>> because this is very important. i don't want to get lost in translation. you promised that, and a promise is a promise, and with all due respect you didn't keep that promise. >> president obama said the biggest failure of his first term was the failure to win comprehensive immigration reform but a
. molly is live for us at the white house. update us on the next move from the obama administration. >> despite the phone calls that the president made before he left hawaii, he spoke to top democrats and republicans and no negotiation meetings have been set. at least not formally or public limit there's nothing set yet between all the sides to discuss this. the president's back in washington after he cut short vacation to get back to the white house for possible last minute fiscal cliff talks leaving his wife and daughters in hawaii. the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the borrowing limit of over $16 trillion by the end of the year. there's a lot going on at 2012 winds down. in congress, the senate is in session, the house is not. it's the first time either chamber has been in session for business between christmas and new year's since 1970. >> trace: so they're coming back to work. the president probably wished he stayed in hawaii because not m
post after president obama makes his state of the union speech next month. she says that she is confident that the ship is sailing in the right direction. she says she is ready for new challenges and new opportunities to make a difference. in the meantime, there is a statement on her announcement. william baker says that jackson has been a strong force for ending pollution in the chesapeake bay, developing the clean water blueprint, which could put an end to the polluted water by 2025. >> we have big news for shoppers in howard county. >> yes. and major retailer is setting up at columbia crossings. ahead in the consumer alert, the clothing giant that is moving in. you can get some ties. >> how do you feel about the reagan season so far? joe flacco talks about that straight ahead. >> and the seven-day forecast. let's take a look outside. partly cloudy skies. 37 at the airport. the weather >> coming up at 6:00, an update to an i-team destination on gun ownership. barry simms has the latest. plus, lawmakers have yet to reach an agreement to avoid the >> it has become a baltimore
of the article is a gun owner. the end of the year is quickly approaching. for the next few nights we'll look back at 2019, highlights an lowlights. tonight craig boswell takes us through a bruising primary of high spirited presidential campaign. congress chocked full of retirement and president obama healthcare law. 2012 is a bit of a nail biter. president obama ran uno'posed. but sluggish economy and high unemployment and no plan for recovery made him vulnerable. >> president's policies have not been success to feel reignite the economy, putting people back to work. >> earning his party's nomination was not as easy for the former massachusetts governor mitt romney. even though romney went on to win decisive victories and becoming the republican nominee he emerged from the primary battle bruised. >> he is the worst republican in the country to put up against barack obama. >> romney's campaign saw several ups and downs but appearing confident and in command in the first debate, romney threw president obama off the game with the president delivering a shaky performance. >> the first debate se
in for melissa francis. here's what is money tonight. t the last minute panic begin of the president obama is set to fly back to washington in the next few urs to tr to scrape out a fiscal cliff deal but hope is fading fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas
is that the senate is next in line, and president obama is the president of the united states, expected to lead on this and to provide some ideas for it. stuart: i think you would agree with me that so far, it's the republicans who have taken the heat, and john boehner's plan b, a disastrous piece of publicity, got that. do you think that the tide is turning at all and that the jonbenet has been gettinof and . >> and not seeing any leadership for the president and not seeing any for the senate and not seen the budget. i think that the frustration is across th board and it should be felt by all. >> okay, you're sitting there in washington and you tell me now, do you think we get a deal on new year's eve? >> gosh, i certainly hope so. >> do you think we will? >> do you think we will? >> i don't think that this washington, anyone in washington is reckless enough for the country off the cliff. they recognize it's dangerous. stuart: i've got to read between the lines here. you're saying that there will be some kind of last minute stop-gap deal, yes? >> i certainly hope so. stuart: and what would be
for president obama and his choice for the nation's next secretary of state. some republican senators refusing to vote to confirm massachusetts senator john kerry until america's current top diplomat, hillary clinton, testifies about the terror attack in libya that killed four americans on september 11th. former u.s. ambassador to the united nations john bolton and a fox news contributor joins us. thanks for being with us today. if she testifies, what do you want to hear from her? >> well, i think there are a range of questions that only she could answer. it's been now 3 1/2 months since the tragedy and secretary clinton has not answered questions with the press or before congress and they are really very straightforward. what did she know? when did she know it and what did she do about it both before, during and after the attack. >> there is strong incentive for john kerry who the president named to succeed secretary clinton to get on with his own confirmation process. gregg: yeah. he will be interviewing her. you wrote an op-ed in the "new york post." let me quote. a series of excuses have c
, president obama singing. the revvie awards and one big out cry for change. you'll want to see this next. [ laughter ] smoke? nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. >>> we're back with a big controversy. brewing about our special show last night, the revvies. it's our annual year-end show where w
to negotiate. president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're sealing is -- for deficit reduction. and spend seg cuts off their shoulders, and make it inevitable, saying, you know what? it didn't just happen to them. they pass the sequester, which contained severe, rapid definite at this time reduction. it was almost inevitable, almost the moment they passed the sequester. >> to you, ryan, i was alluding to how both sides are saying different things. two members of the house said this last hour. we had one democrat and one republican. take a listen. >> i think there's still a chance to get something done. that's what happened in the budget deal, i think tha
number two eric cantor the majority leader put out a statement putting the onus on president obama and for the reason why there has not been a deal so far. basically saying they can't move forward in the house without some sort of action in the senate the next few days. what they left out of that, unfortunately, is the reason why they are waiting on the senate to do something. the senate coming into session tomorrow, by the way. is that speaker boehner couldn't get enough votes to move forward on a plan to avert the cliff last week. that's why we are where we are right now. the president will be boarding air force one in a few hours. flying overnight back to washington. is he likely to bring together congressional leaders in the next couple days when he he gets back to washington. time is running out, harris. >> harris: no breaking news in any of that. but we did see some today. treasury secretary tim geithner saying we could hit the debt ceiling the day after we follow off the fiscal cliff if no deal is reached. >> that's right. december 31st. a lot going on there. a lot of these
will try to hold off for the next four years. i think if obama wins, kennedy and scully will try to hold on, but you never know what will help them. >> is in or close of she's justice robert, can you explain when he replied the job of the justice pushes to call and strikes is supposed to change the rules. >> well, he is one to say that that is the most quoted saying he is ever so. 80% of the time critically about him, issues thrown back at him. we all come to, supreme court justices included, perceive ourselves in certain ways and like to perceive ourselves in certain ways. i don't think john roberts gets up in the morning and says any judicial act this. i'm someone who's trying to rewrite laws of the united states, to restore them to how i think they had to be. parenthetically, clarence thomas does speak up and say that. and i don't mean that in a critical way. clarence thomas has a different attitude towards precedent. justice scalia has said this. he says thomas doesn't really believe in the rule of precedent. he thinks that decisions are appropriate to overturn them all and that's a ver
out why you may still be signing their paychecks. ambassador john bolton is here next. but a prostitution scandal and that is just the beginning. coming up, a look at the hottest candles of 2012. stay with us. >> is the obama administration misleading us about benghazi again? after a scathing report, four state department officials got the boot. so we thought. turns out the security chief that resigns is still on the payroll and the other three workers are all expected back. so what's really going on. former u.s. ambassador john bolton joins us. good evening, ambassador. >> good evening. glad to be with you. >> people be outraged about this. this is a story that's ongoing where there have been far more questions than answers and it seems there have been almost a deliberate attempt to, by the mainstream media, to lead in the story, cover-up and not convey the truth and tell the true facts. it's only been through serious investigative reporting and journalism that we've been able to put pressure to get some answers. what do you make of the latest report? >> it's typical
and winning it big. juan, how did you get the ball back from the republicans? they had it. this was obama's economy, his face calf cliff. now boehner fails on the vote and next thing you know, the ball is in your court. >> juan: i think you are right. i think boehner at the moment looking weaker. he is out of this altogether at the moment. his troops abandoned him. he is okay keeping the speaker on january 3 when the republican caucus vote but you are hearing rumors about eric cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other side has one player and you are still getting beat because you keep turning over the ball. that's what it seems like. they have. leader
get the ball back from the republicans? they had it. this was obama's economy, his face calf cliff. now boehner fails on the vote and next thing you know, the ball is in your court. >> juan: i think you are right. i think boehner at the moment looking weaker. he is out of this altogether at the moment. his troops abandoned him. he is okay keeping the speaker on january 3 when the republican caucus vote but you are hearing rumors about eric cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other side has one player and you are still getting beat because you keep turning over the ball. that's what it seems like. they have. leadership crisis. there is a split w
of the party the state of hawaii and the nation. >> he was aboard air force one with president obama who has been vacationing in hawaii. he is expected to be sworn in lart today. >> it is the next step in the long healing process for the people of newtown connecticut. the town moving forward with plans for a permanent memorial honoring the 26 victims of the sandy hook massacre. all of the flowers letters photos and teddy bears will be turned into soil and blocks to be used atz the foundation of a future memorial. dozens of people singing mazing grace as they remembered the two firefighters murdered in western new york. ♪ i once was lost but now am found ♪ >> that community coming together to honor fallen heros. the two men were shot and killed during an ex-con's christmas eve ambush. for the first time we are also hearing from those who survived the attack some firefighters. a joint statement offered the pair's gratitude for all of the prayers they have gotten. doctors have upgraded both of their conditions to satisfactory. >> oo to maine where a dive team from the police department will
to forecast next year's budget. among the measures treasury will take including suspending state and local government securities and investments in the federal employee pension funds. those don't sound like good practices going forward. president obama meanwhile arrives back in washington after cutting short his christmas vacation in hawaii. congress is back in town, but little progress was made over the holiday to avoid the fiscal cliff and no talks have been set. the senate is due in session today, but the house has no plans to reconvene. last week, house speaker john boehner said it was up to the house to act on extending unemployment benefits. as we work through all of this, we are happy to be joined by allen capper, head of credit strategy at lloyd's for the hour. welcome back. i guess we're still shaking off the christmas turkey tryptophan, i guess they call it, and yet it feels as though it's groundhog's day. >> yes. you say shaking off the christmas blues and we're shaking still waiting to hear what happened with this fiscal cliff. we knew they would take it to the wire. there's no
debt ceiling. a fight that obama should not want to have. it's interesting to me if he doesn't act in the next couple of days with what charles calls a generous deal he gets himself in to really unstable waters, economically. something we have never seen before. then we look at the global waters rattling toward real default, not the january 1 cliff. republicans would be blamed initially but he would be blamed ultimately. >> this argument and is so ethereal with the numbers baptered back and forth they can't grasp it. one component is the farm bill that expires at the end of this lame duck session if it expires and we go to 1949 formula for calculating milk price supports. back in 1949, most cows in the country were milked by hand. what it ostensibly means for you is gallon could cost $6-$8. citizen against government waste says it's cornucopia of wasteful, silly programs that many wish should be allowed to die. the statement goes op and on. what is going to be the fate of the farm bill? >> good question. asnatetive wisconsin, i would like to see the dairy farmers do well. citizens
's it for tonight. see you tomorrow. check out my work at "washington post" at wonkblog.com. "first look" is up next. >>> right now on "first look," heavy snow, thunderstorms, freezing rain and high winds serving up a nightmare for stranded holiday travelers. >>> president obama aboard air force one right now racing back to washington to try to lead us away from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with more than a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. and as nbc's kurt gregory reports, the storm is creating a post holiday travel nightmare. >> reporter: cleanup on the day after christmas for the deep s
that the government may not have enough to spend for next month. >> approval ratings for president obama and his cabinet are mixed. a new poll shows 52 percent of people surveyed approved of the president's performance while 43 percent disapprove. but as president joe biden's numbers are in line with the president. 54 percent approve of his job performance while 40 percent do not. first lady michelle obama has a 73 percent approval rating. all going secretary of state hillary clinton is also popular with a 66 percent approval rating. >> a new gallup poll shows a majority of americans supported stricter gun laws but most are against banning assault weapons. 58 percent of americans now say that they do support stricter gun laws. that is up from 43% in october 2011. 48% of the public say that they want to enforce current laws while 47 percent once the new legislation. the law to ban assault weapons which is backed by president obama has not gained much support since 2000 of 11 and october. 44 percent support the assault weapons ban what 51 percent are against it. >> education officials said santa c
along with you. keep dreaming. keep doing. go long. patti ann: president obama is set to arrive in washington within the next hour or so cutting short his vacation to resume negotiations to avert the tax hikes set to kick in on january 1st. that of course is a few days away and so far no word of any kind of deal. molly henneberg joins us live from the white house. hi, molly, what do we expect today from the president? >> reporter: hi, patti ann, the president was supposed to come back to d.c. after the new year. as you were saying he's en route from hawaii to washington for any last-minute fiscal cliff talks. he left his wife and two daughters in hawaii when he left last night hawaii time. he has been in touch with harry reid's office over the holidays and we did get a scheduled update that the vice president will be here at the white house today for meetings. at this point not a lot of encouraging signs coming out of the white house or capitol hill that a fiscal cliff deal is in sight. patti ann: are there any other meetings set with house republicans? >> reporter: nothing yet,
employers. let me grill on one thing and that is this, tax rates are scheduled to go up anyway next year because of surcharges on medicare and a payroll tax surcharge because of obama care, am i right on that? >> you're right. if you look at it, incomes are really going to go back to where they were during the meltdown. the american economy will not have moved forward for many households. >> and the payroll tax holiday will end automatically. an immediate 2% cut to disposable take home pay. thank you, michelle? >> you say sequester, i say sequester. let's call it all off. >> the dow is trying to hold onto the 13,000 level. let's see if it can hold by 113 points. 13.79 as it grows increasingly clear that they may not, probably cannot get it done. hamilt hampton pearson is here. >> we're down to, if you will, coffee cup politics. two simple words, rise above, on coffee cups and on cups of coffee at all 120 starbucks locations here in the washington area urging lawmakers and the white house to do something with these final days to get some sort of deal. about 500 cups of coffee on what is a
argue that i think it is likely, president obama want the school to the fiscal cliff. gerri: i did hr you say that. why would you say that? >> because the next four years will be amess. a trillion dollars on higher taxes for obamacare, continued overspending because the president has refused to do any restraint spending, no entitlement reform, no trimming of spending. and the regulatory regime. the regulations that the obama people spent four years wriing. they have decided not to share them with us before the president got reelected. once his job was secure, he no longer had to care or pretend to care about your job. so now you have hundreds of billions of dollars of new regulations. maybe even more expensive than spending. gerri: i have to ask you this question. people talk to me about this all the me in new york city. they say higher taxes are grover norquist fault. he has not come to the table or been willing to negotiate. he is the person who forced members of the house of representatives to say no more taxes. what do you say? >> first of all, as you know, from congress to the s
-span2. >>> over the next four hours biography of president obama and the first lady. first a look at the gene yolings of michelle obama. and journalists and historian on the biography of barack obama. that's followed by edward kline who wrote the "amateur" about the president's life and career before reaching the white house. and later, the white house videographer for the first two years of the obama presidency. >> so this is always puts the missiles in cuba. the united states discovers that with our flight, our surveillance flights over there. then the tension builds and we have quarantine of blockade around cuba. one of the things that happens during the time the soviet submarine is found by american ships, and they start to drop missile charge, death charges on the soviet submarine. they knocked out the electrical system. carbon dioxide rising. people passes outside in the submarine. they have no communication. the commander of the submarine says load the or it torpedoes. let's attack. the war probably started already. we're not going to do summer salts down here. we're not go
, next. -- >>> live look outside, pavement and cars streaming into san francisco. there's a storm out there lurking meteorologist mike forecast, sue is covering your traffic. >>> late night trip for president obama as he gets ready to confront the fiscal cliff facing the nation. >>> radar and satellite, a lot of cloud cover8dgcu radar try air now good -- dry air, good news if you are tired of the rain. tonight cooler than this morning more 30s inland, 30s and low 40s around the bay and towards the coast. chance of drizzle maybe a few sprinkles tomorrow morning. light rain tomorrow afternoon into the evening, scattered showers saturday, dry, brighter and slightly warmer sunday. >>> good morning many happy thursday. light traffic conditions. we have an injury accident with an overturn on theb?07v off-ramp south 680 at coopman, crews on scene i'my1w' not seeig significant slowing past that accident. southbound great highway in san francisco closed lincoln way to sloat due to drifting sand. some of your drive times right now, 24 from walnut creek, 101 out of santa rosa to novato, 680 corr
some insiders think a deal will >>> president obama and senate leaders tomorrow head back to washington to try to reach a last minute deal, before historic tax increases go into effect next week. why some believe we will head over the fiscal cliff before washington takes action. >> reporter: the halls of power empty, although negotiators and the president are back at work. >> at the very least, let's agree right now on what we already agree on. >> reporter: an olive branch to the gop, and carrot to corporate giants. the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the country to go over that fiscal cliff, triggering higher taxes. that would allow hard line republicans to vote for lower taxes, a few days later. >> to make them look better? to appease voters. if th
after more than 30 years. why this restaurant has nothing to do with the economy. >>> president obama and senate leaders tomorrow head back to washington to try to reach a last minute deal, before historic tax increases go into effect next week. why some believe we will head over the fiscal cliff before washington takes action. >> reporter: the halls of power empty, although negotiators and the president are back at work. >> at the very least, let's agree right now on what we already agree on. >> reporter: an olive branch to the gop, and carrot to corporate giants. the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the country to go over that fiscal cliff, triggering higher taxes. that would allow hard line republicans to vote for lower taxes, a few days later. >
think you're honest. >> president chiu: thank you very much. next speaker. >> good afternoon, board of supervisors. to the friends of the san francisco public library, who killed pope john paul ii, the king of pop, michael jackson, president barack h. obama, mayor willie h. brown, dr. robert c. scott at ucs sf, academic dean keith c. wingate, assistant academic dean seana marshall, legal counsel -- leop adviser jan jamison and mammoth -- a circumcised foreign student from instandbull turkey at golden gate university. between november 2008 and december 2012, was it these hands? was it alcohol? was it drinking alcohol? was it brewing alcohol? or was it tobacco? i would like to use the rest of my time to pay tribute to the fallen. >> supervisor elsbernd: thank you very much. next speaker please. >> hey, ron austin, executive haven't -- workers union, it's been a long day. we're here to say a few words for the record to the board we received correspondence from sf mta for a service reduction on the day before christmas and the week after, and subsequently that week in between new year's
's the chief market analyst at john thomas financial. president obama is due back in washington tomorrow, cutting short his hawaiian holiday vacation. he will be meeting with congressional leaders for one last push to prevent the economy from falling over the fiscal cliff next week. no specific bill is on the schedule in the senate or the house, and house republicans haven't yet called their members back to washington. and hopes for a deal by the december 31 deadline are fading. darren gersh reports. >> reporter: the odds of avoiding the fiscal cliff did not get any better over the holiday. staff discussions continue, but there were few signs much, if anything has been accomplished. the house isn't even scheduled to return to washington yet, leaving it up to the senate to act. >> this is a senate that is incredibly divided, hopelessly partisan, requires 60 votes to do anything and somehow, we are going to be relying on them to in five days, come up with a compromise which is acceptable where a compromise wasn't acceptable in four years. >> reporter: it now looks like some kind of fall ov
that when you look at boehner and obama's proposal, they're essentially $450 billion away. that's less than 1% of the federal spending going forward for the next ten years. have you ever seen a deal that's that close that could essentially give both sides a lot of what they want fall apart over that small amount of money? >> it's been -- it has been very confounding to a lot of us because, you know, you break it down over ten years, there's $45 billion apart year by year on taxes. they would tell you, each side would say that these are policy issues that they can't bridge the gap on in terms of how much they raise tax rates on those income above 250 or 400 of a million and that's those are really big, substantial gaps. and republicans want more on entitlement reform, particularly on medicare. this is sort of the red line that each side has drawn the. and the overall number is really close. those policies difference res still key and they can't get past them right now. >> and, chris, i'll turn to you. obviously, that number is unbelievable how small it is, the difference. but in terms of mov
at home and looks forward to resuming her schedule. she's prepared to step down from her job early next year. >>> and one other note from washington. the head of the environmental protection agency, lisa jackson, announced today that she is stepping down. jackson has led the agency since the beginning of the obama administration. she tangled with congress and even the white house itself, particularly on global warming issues. >>> the other big story tonight, a deadly storm continues to wreak havoc in the northeast this hour. and before it's even over, another storm is already forming with now 65% of the country still covered in snow. the weather channel's eric fisher is in lewiston, maine. good evening to you, eric. >> good evening, natalie. 16 people have been killed by this latest winter storm that brought everything from tornadoes to coastal flooding, hurricane-force wind gusts and nearly 2 feet of snow. certainly has brought plenty of misery for people from texas to maine. today a massive storm moved north, dumping more than a foot of snow in parts of new england. it's been a record
's capitol senators will meet tomorrow in ongoing effort to avoid the fiscal cliff. president obama is about to end his family vacation in hawaii and will arrive in washington early tomorrow to deal with the tax increases and spending cuts that are due to take effect next week. no official fiscal cliff negotiations between republicans and democrats have been scheduled. not a great deal of progress. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may not add up this year. >> it is difficult to do any type of tax planning and advising because nobody really knows exactly what is going to happen. >> much of the uncertainty centers around whether the united states is about to fall off that a fiscal cliff. if that happens, that would mean the end of the temporary payroll tax cuts. even if that
dwindled away come next year when this electorate is unable to come to a responsible compromise. >> i think that's totally right, kimberly. in november we voted for obama's super size government. so what is the fiscal cliff? the fiscal cliff is the check. it's the tab after the buffet of all that spending. so the irony is everyone in the beltway thinks it's so terrible we are going over the fiscal cliff because it's so irresponsible. well, ironically it's the opposite. the whole point of the fiscal cliff is when the fiscal cliff is cleared and we jump over it, we are getting rid of all the accounting game mix, the temporary stings of things that allow congress to pretend it's being fiscally responsible when it's not. what's going to happen? a lot of taxes will go up but taxes will go up on everybody, not injure the guy around the tree that's paying for everything but everyone will have to pay. and then folks will realize the government we are voting for costs us money too. >> that's the thing. if we don't go over the cliff and they don't reach a compromise, what will happen? they can't affo
through, it's the price you've got to pay. >> like barack obama. >> and mitt romney was clearly the second. >> up next and standing right over there behind you, frank bruni. "new york times," is going to join us. you're watching "morning joe" brewed by starbucks. there is no mass-produced human. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualizes your sleep. the only place you'll find the sleep number bed. a bed with dual-air technology that allows you to adjust to the support your body needs. and the only place you'll find the sleep number year-end event. save 50% on the final closeout of our silver limited edition bed. plus, through new year's day, special financing on selected beds. in the name of human individuality: the sleep number collection. and the sleep number year-end event. exclusively at one of our 400 sleep number stores nationwide, where queen mattresses start at just $699. sleep number. comfort ind
will be laid to rest the next day. >> vicki: with the fiscal deadline just days away. the president is cutting his christmas vacation short. mister obama is returning to washington d-c on thursday. first lady michelle obama and their daughters will remain in hawaii. house and senate members are expected to reconvene thursday. without a budget agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >> vicki: starbucks will publicly take a stand on the looming fiscal cliff. c-e-o howard schultz is asking workers at its 120 d-c-area stores to write "come together" on the coffee cups they serve on thursday and friday. he says it's a way to quote: "send our elected officials a respectful but potent message, urging them to come together to find common ground." both sides are due back by thursday and have vowed to make a final attempt. starbucks notes workers are not required to write the message on cups. >> 49ers sunday at candlestick with a chance to clinch the division title kron four's jason appelbaum
that can't be brought up. i think next few days, what we should be watching for is leadership from president obama, some leadership from harry reid in the senate and i think maybe we can work a deal out. with doug everyone share as little bit of the blame here but i think right now we should pay attention to the senate and see if senate democrats will actually act. jon: you use ad interesting turn of phrase in the last answer. you said the president has talked about doing some entitlement reforms. doesn't everybody in washington acknowledge that entitlement programs, social security, medicare, so forth, are the big drivers of our nation's debt problem and are going to have to be tackled seriously? >> well, republicans ran millions and millions of dollars of ads against democrats when we actually did reform medicare as part of the affordable care act. we saved about $715 billion and that was a talking point for republicans over the last election. so, getting lectures from republicans on doing something on medicare is kind of ridiculous when the only thing that they have done on medi
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